Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Bria Furniture sells bed frames and mattresses. One of its products is a premium therapeutic bed set produced by OmniSleep, which comes with a mattress and a bed frame. Bria offers a package consisting of the mattress, the frame, and on-site installation by its staff. All of these components can be sold separately, as often done by other vendors, so Bria concludes that these are separate performance obligations. Bria sells the OmniSleep package for $4,800. The mattress and the frame are sold separately for $2,900 and $1,770, respectively. Other vendors in the same area typically charge $370 for on-site installation. Bria does not sell on-site installation separately. On average, the prices charged by Bria are 10% higher than those of its competitors. Bria estimates that it incurs about $130 of compensation and other costs to provide the installation service. The profit margin over cost is estimated to be approximately 40%
Required:
a. Estimate the stand-alone selling price of the installation service using the adjusted market assessment approach.
b. Estimate the stand-alone selling price of the installation service using the expected cost plus margin approach.
c. Estimate the stand-alone selling price of the installation service using the residual approach
As a result of the exercise of the 24,000 rights and the issuance of the related common stock, illustrate what journal entry would Chen make?
How does the basis calculation of an S corporation shareholder basis differ from a partner and a partnership? Discuss any recent developments (within the last 36 months) in the calculation of an S corporation shareholder’s basis.
Titania Co. sells $406,700 of 12% bonds on June 1, 2014. The bonds pay interest on December 1 and June 1. The due date of the bonds is June 1, 2018. The bonds yield 8%. On October 1, 2015, Titania buys back $127,500 worth of bonds for $134,120 (inclu..
Auditing of interbank transfers occurs:
What is the marginal cost of making one additional chair and how much money will the company make or lose on this order?
Evaluate Pacific's internal control system and indicate which principles of internal control appear to have been ignored.
Assume that the company evaluates performance using residual income and that the minimum required rate of return for any division is 15%. Compute the residual income for each division.
a sporting goods manufacturer has decided to expand into a related business. management estimates that to build and
larine industries wants an airplane available for use by its corporate staff. the airline that the company wishes to
Which of the following is true with regard to budgeting vs. long-range planning? The potential benefit that may be obtained by following an alternative course of action is termed a(n): An order at a special price that is accepted will increase income..
your companys accounts payable clerk is asked to fill in for your accounts receivable clerk. many things look
lessee company leases heavy equipment on january 1 2007 under a capital lease from lessor company with the following
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd